Property

Lancaster, PA 17603 402 W James Street

402 W James Street Lancaster, PA - Image 1402 W James Street Lancaster, PA - Image 2402 W James Street Lancaster, PA - Image 3
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Presented By: Keller Williams Keystone Realty
  • MLS# PALA2073614
  • 07/24/2025
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  • Beds • 1

Home Details

Prime 2-Unit Property in Highly Desirable Chestnut Hill, Lancaster! This versatile duplex is just minutes from downtown Lancaster, Lancaster General Hospital, Franklin & Marshall College, and steps from public transportation. Also nearby: Clipper Magazine Stadium, home of the Lancaster Barnstormers, plus a wide range of popular dining spots, cafs, and boutique shops. Live in one unit and rent the otherperfect for house hacking or investment. One unit is vacant with qualified tenant applicants available; the other is occupied by a new tenant under professional property management. Separate entrances and utilities, with a solid rental history in a high-demand neighborhood. Estimated total living area: approx. 2,200 sq ft above grade and approx. 880 sq ft of finished space below grade. All square footage figures are estimates and should be independently verified by buyers. Dont miss this opportunity to own a turn-key property in one of Lancasters most walkable and vibrant communities. Schedule your showing today!
Presented By: Keller Williams Keystone Realty

Interior Features for 402 W James Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
BasementConnecting Stairway, Full, Fully Finished, Heated, Windows
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NYes
FlooringHardwood, Luxury Vinyl Plank, Ceramic Tile
Furnished UnitsNone
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesCeiling Fan(s)
Laundry TypeBasement
Total Fireplaces1
Total Stories3
Window FeaturesDouble Pane, Energy Efficient, Vinyl Clad

General for 402 W James Street

Acceptable FinancingCash, Conventional
Accessibility32 + wide Doors, Accessible Switches/Outlets, Doors - Swing In
AppliancesENERGY STAR Refrigerator, Oven/Range - Gas, Stainless Steel Appliances, Water Heater
Architectural StyleTraditional, Side-by-Side
Association Recreation FeeN
Attached Garage No
Avg. Electric Per Month15.0
Avg. Water Per Month55.0
Cap Rate7.71
CityLANCASTER
Construction MaterialsMasonry
Cool FuelNone
CoolingCeiling Fan(s), Attic Fan, Wall Unit
CountyLANCASTER
DirectionsFrom Route 30, take the Fruitville Pike/PA-72 exit and head south toward downtown Lancaster. Continue onto N Prince Street, then turn right onto W James Street. Property will be on the right at 402 W J
DisclosuresLead Based Paint - State, Prop Disclosure
Electric100 Amp Service, Circuit Breakers
Facing DirectionNorth
Garage Y/NNo
Green Verification Y/NNo
Gross Income16500.00
HeatingBaseboard - Electric
Historic Y/NNo
Home Warranty Y/NNo
Insurance Expense1524.00
Land Lease Y/NNo
Lease TypeMonth to Month
Location TypeCorner Lot/Unit
Lot Size Square Feet1742.00
Lot Size UnitsSquare Feet
MLS AreaLancaster City (10533)
Maintenance Expense600.00
ModificationTimestamp2025-08-04T14:47:02
MunicipalityLANCASTER CITY
Net Operating Income7076.00
New ConstructionNo
Number Of Units Total2
Number of Units Leased1
NumberOfUnitsVacant1
One Bedroom Units Count1
Operating Expense9424.00
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnerPaysSewer, Sewer Maintenance, Taxes - Real Estate, Trash Collection, Water, Repairs, Management, Insurance, Common Area Maintenance, Accounting/Legal
OwnershipFee Simple
Patio/Porch FeaturesDeck(s), Porch(es)
PossessionSettlement
Price Per Sq Ft Total AG149.95
Property Attached Y/NNo
Property ConditionGood, Very Good
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofPitched, Shingle
School DistrictSCHOOL DISTRICT OF LANCASTER
Security FeaturesSmoke Detector, Carbon Monoxide Detector(s)
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeTwin/Semi-Detached
Subdivision NameCHESTNUT HILL
Tax Annual Amount6726.0
Tax Assessed Value170000.0
Tax Year2025
Total Actual Rent16500.00
Total Rooms14
Total SQFT3080
TransportationBus Stop less than 1 mile, Commuter Rail Station less than 1 mile
Two Bedroom0
UtilitiesCable TV, Electric Available, Natural Gas Available, Sewer Available, Water Available
Vacation Rental Y/NNo
ViewCity
Water Access Y/NNo
Year Built1925
Year Built SourceEstimated
Zoning100 - RESIDENTIAL

Exterior for 402 W James Street

Door FeaturesDouble Entry
Exterior AmenitiesExterior Lighting, Sidewalks
Foundation DetailsPillar/Post/Pier
Land Assessed Value29000.00
Lot Dimensions20x58 (buyer agent to verify)
Lot FeaturesRear Yard
Lot Size Acres0.04
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Private PoolNo
SpaNo
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Mccaskey H.S.
Middle School Mccaskey Middle School
Elementary School Ross Elementary School

Charles Torres

Owner
Price $329,900
MLS#PALA2073614
List Date 07/24/2025
Property Type Multi-Family
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